Posts Tagged ‘rate’
UK unemployment rate holds steady at 7.7%
The Office for National Statistics (ONS) has today revealed UK unemployment fell further in the three months to April. The ONS said unemployment fell by 88,000 in the three month period to 2.430 million – the biggest fall since August 2000. The latest figures means the unemployment rate remained flat at 7.7%. However, the number [...]
US unemployment rate up to 9.1%
The Labor Department has today revealed the unemployment rate in the US unexpectedly rose in May to 9.1%, up from 9% in April. Despite the rise in the jobless rate, it was the eighth consecutive month of positive employment growth. The economy created 54,000 jobs in the month – however, this was far less than [...]
Australia’s jobless rate falls to 4.9%
Figures today revealed Australia’s unemployment rate fell to 4.9% in March – the lowest level since December 2008. The drop comes despite the recent flooding and cyclones which has affected farming and mining and is likely to impact negatively on economic growth. According to the Australian Bureau of Statistics, the economy created 37,800 jobs in [...]
Spanish unemployment continues to climb
Figures have today revealed the unemployment rate in Spain rose to 20.5% – twice the euro zone average. According to the Ministry of Labour, there are now 4.33 million people out of work – the highest since 1996. Meanwhile, the benefit claimant count rose by 34,406 people. Spain currently has the highest unemployment rate in [...]
US unemployment rate drops further to 8.8%
The Labor Department has today revealed the unemployment rate in the US has fallen again from 8.9% in February to 8.8% in March – a two-year low. It represents the fourth consecutive month that the rate has fallen with the economy creating 216,000 jobs in the month – far better than expectations. The private sector [...]